Nine months ended September 30, 2008

Mack and Volvo Trucks launch North American optimization plan

Mack Trucks and Volvo Trucks North ­America have jointly formulated a plan for increasing the efficiency of their North American operations. The plan includes the relocation of Mack’s head office from Allentown, Pennsylvania, to Greensboro in North Carolina, and a concentration of Mack’s truck production to the plant in Macungie, Pennsylvania. Out of USD 60 M in restructuring costs, USD 5 M (SEK 30 M) impacted the third quarter. The majority of the remaining cost is expected to be recorded in the fourth quarter of 2008.